Henrickson Nauta Wealth Advisors Inc. Reduces Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

Henrickson Nauta Wealth Advisors Inc. reduced its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 1.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,343 shares of the company’s stock after selling 156 shares during the quarter. Henrickson Nauta Wealth Advisors Inc.’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $772,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SHY. A. D. Beadell Investment Counsel Inc. boosted its position in iShares 1-3 Year Treasury Bond ETF by 2.4% in the first quarter. A. D. Beadell Investment Counsel Inc. now owns 5,526 shares of the company’s stock valued at $457,000 after buying an additional 127 shares during the last quarter. Hobbs Group Advisors LLC increased its stake in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% in the fourth quarter. Hobbs Group Advisors LLC now owns 9,916 shares of the company’s stock worth $813,000 after acquiring an additional 136 shares during the period. Spreng Capital Management Inc. raised its holdings in shares of iShares 1-3 Year Treasury Bond ETF by 1.4% during the fourth quarter. Spreng Capital Management Inc. now owns 10,388 shares of the company’s stock worth $852,000 after purchasing an additional 140 shares during the last quarter. Blueprint Investment Partners LLC lifted its position in iShares 1-3 Year Treasury Bond ETF by 2.2% during the fourth quarter. Blueprint Investment Partners LLC now owns 6,666 shares of the company’s stock valued at $546,000 after purchasing an additional 142 shares during the period. Finally, Cabot Wealth Management Inc. lifted its position in iShares 1-3 Year Treasury Bond ETF by 0.3% during the fourth quarter. Cabot Wealth Management Inc. now owns 59,923 shares of the company’s stock valued at $4,912,000 after purchasing an additional 161 shares during the period. 23.15% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

NASDAQ SHY opened at $82.21 on Monday. The stock has a 50-day simple moving average of $82.57 and a two-hundred day simple moving average of $82.31. The firm has a market capitalization of $23.87 billion, a P/E ratio of 3,747.73 and a beta of 0.04. iShares 1-3 Year Treasury Bond ETF has a fifty-two week low of $81.26 and a fifty-two week high of $83.30.

iShares 1-3 Year Treasury Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 5th. Shareholders of record on Monday, June 2nd were issued a $0.2718 dividend. The ex-dividend date was Monday, June 2nd. This is an increase from iShares 1-3 Year Treasury Bond ETF’s previous monthly dividend of $0.26. This represents a $3.26 dividend on an annualized basis and a yield of 3.97%.

iShares 1-3 Year Treasury Bond ETF Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.